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Tech

Goldman Sachs closely monitoring Anthropic’s Mythos model over security concerns – CEO

Goldman Sachs CEO David Solomon said he is “hyper-aware” of Anthropic’s Mythos AI model and is working closely with the company after it raised cybersecurity concerns about the system. The United States bank has been tracking rapid advances in artificial intelligence, including large language models, as part of broader efforts to defend against cyber threats. […]

FAAC funds to FG, states hit 7-year high in 2023
Finance

Nigeria loses 41% revenue to deductions before FAAC sharing — W’Bank

Nigeria’s federation revenues rose to N84 trillion over the past three years, but 41 per cent of these earnings was lost to pre-distribution deductions, significantly shrinking what is eventually shared among the three tiers of government, findings by The PUNCH have revealed. Latest fiscal data obtained from the World Bank’s Nigeria Development Update, analysed by […]

Economy

Tinubu’s reforms prevented 120% inflation in Nigeria — NRS boss

The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, on Tuesday said inflation in Nigeria could have risen as high as 120 per cent without the sweeping economic reforms introduced by the Federal Government. Adedeji stated this in Abuja during the commissioning of the NRS headquarters, noting that the reforms helped to stabilise prices […]

featured Opinion

US-Israel-Iran war worsening economic woes of Nigeria, others — G24

The G-24 has expressed deep concern over multiple political crises and conflicts across the world, warning that the escalating war in the Middle East is worsening global economic fragility and undermining growth prospects, particularly for emerging markets and developing countries. Nigeria and many other nations in Africa and across the world are categorised as developing […]

Electricity

Eko, Kano DisCos record highest power sector fatalities in Q4 2025

Electricity distribution companies recorded all power sector accidents in the fourth quarter of 2025, with Eko and Kano topping the fatality chart as 26 persons lost their lives, according to the Nigerian Electricity Regulatory Commission. The commission expressed concerns that deaths are being recorded at the distribution segment of the value chain, though it disclosed […]

featured Travel

UK cracks down on illegal workers, introduces stricter workplace rules

The United Kingdom has announced plans to intensify enforcement against illegal working and introduce stricter workplace compliance measures targeting both employers and unauthorised workers. In a statement posted on X on Tuesday, the UK Home Office declared zero tolerance and outlined three enforcement actions set to be introduced. The department said the measures form part […]

YouTube to tighten monetization rules to combat AI-generated content
Tech

YouTube to pause ads during peak livestream engagement

YouTube has announced that it will begin pausing ads during livestreams when chat engagement is at its highest and viewers are actively supporting creators through Super Chats, Super Stickers, or gift purchases. Previously, the only way to avoid ads on the platform was by subscribing to YouTube Premium. In a blog post, the Google-owned company […]

Travel

Spain grants legal status to 500,000 undocumented migrants

Spain’s government has approved a sweeping plan to grant legal status to up to 500,000 undocumented migrants, a move aimed at formally integrating them into the country’s workforce and broader society. Prime Minister Pedro Sánchez defended the decision, describing it as both “an act of justice” and a practical necessity for Spain. In a letter […]

Loan apps: FCCPC to address rising debt with new policy
Policy and Regulations

FG probes ‘sharp sharp’ loan operators over customers privacy data breach

The Federal Government says it is investigating the activities of some ‘sharp sharp’ loan operators over alleged violation of data privacy of customers. The National Commissioner, Nigeria Data Protection Commission, Mr Vincent Olatunji, said this in an interview with the News Agency of Nigeria on Tuesday. NAN reports that ‘Sharp Sharp’ loan operators, also known […]

News

Tinubu commissions Nigeria Revenue Service new headquarters in Abuja

President Bola Tinubu on Tuesday officially commissioned the new Corporate Headquarters of the Nigeria Revenue Service in Abuja. The event marked the transition from the Federal Inland Revenue Service to the newly restructured Nigeria Revenue Service. Tinubu, while addressing guests in a video of the unveiling shared by his Special Assistant on Social Media, Dada […]